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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: Edwin S. Fujinaka who wrote (2886)12/29/1999 12:49:00 AM
From: Netwit  Respond to of 6018
 
Edwin: Are you taking into account the Y2K meltup when you worry about January let down in stocks?



To: Edwin S. Fujinaka who wrote (2886)12/29/1999 1:46:00 AM
From: barbie13607  Read Replies (2) | Respond to of 6018
 
Tax sell offs of SFTBF -

Will most likely occur for US stockholders close to April 15th. Individual gains may make selling a portion of SFTBF holding a must for some investors. Not many US investors so I don't see this as having a great impact.

IMO - Japanese stockholders will have the greatest impact due to their selling a portion of their holding to cover their taxes. I tried to do a search to find the date Japan resident's taxes are due. I got March 15th as the date. So I see a dip closer to beginning-mid March.

Unless there are problems with Y2K, I don't think we will see great downside in January.

I'm sure there is someone out there with a better grip on this. Comments???



To: Edwin S. Fujinaka who wrote (2886)12/29/1999 5:42:00 AM
From: TobagoJack  Respond to of 6018
 
Conservatism, me, one who even dares to contemplate shorting this crazy market. Edwin-san, you are, however, correct in detecting my overall bearish bias and reluctant bullishness on my thermonuclear bombs.

January does not concern me much, March does. We all become technicians first, science fiction writers later, soothsayers next, then, finally, astrologers. February is a month to start shorting until we feel margin poor, and August is for going long until we feel cash poor.